Regulators have bombarded mortgage servicers with a flurry of new regulations and government programs in the past year, heaping on tasks and costly reviews. Now they're asking to hear the mortgage companies' complaints.

For a digital wallet to work, the merchant’s point-of-sale system should have the same applications as the phone supporting the wallet. To ensure that consistency, VeriFone says its Paymedia universal acceptance platform will make that connection regardless of wallet provider or mobile network.

Flagstar Bancorp Inc. reported $29.1 million more in losses for the fourth quarter and full year after agreeing to pay up to $133 million to settle claims regarding loans insured by the Federal Housing Administration.

Extending the law that provides unlimited deposit insurance on non-interest bearing demand deposits would send a signal that just maybe the industry is not fully healthy and still needs support.

Billionaire Warren Buffett said Brian T. Moynihan's efforts to fix Bank of America Corp. will boost the value of Berkshire Hathaway Inc.'s $5 billion investment in the lender.

The Department of Housing and Urban Development said Monday that it has charged Bank of America Corp. with discriminating against disabled home buyers by asking them for medical information and proof of federal disability income.

JPMorgan Chase, Capital One and Barclays will enable their customers to use a mobile-payments service being developed by several wireless carriers starting this summer.

Prosperity Bancshares Inc. in Houston has struck another deal in Texas, announcing Monday that it would buy American State Financial Corp. in Lubbock for about $528 million in cash and stock.

The Dime Savings Bank of Williamsburgh announced that it intends to convert from a federally chartered thrift supervised by the OCC to a state-chartered thrift to be supervised by New York State Department of Financial Services.

LONDON - HSBC Holdings PLC Monday posted a 2011 net profit of $16.8 billion, boosted by a strong commercial banking performance and accounting gains on its own debt that helped offset weaker investment banking returns.

An edgy anti-bank message can work well in social media marketing, but only if it also conveys a better alternative from the company behind it.

Revenue at M&T's big acquisition remains steady but profits are not as strong as some expected nine months later.

Roughly half of the customers leaving a large bank in the past year ended up moving their money to another large bank, according to study released Monday by J.D. Power and Associates. That's despite Bank Transfer Day and other popular movements urging people to switch to smaller institutions.

Nearly two years after receiving a $200 million infusion from a group led by WL Ross & Co. to execute a roll-up strategy in the Midwest, Talmer Bancorp has received a second serving of capital to help it bankroll further deals.

WILKES-BARRE, Penn. – Cross Valley FCU is moving its Hazle Township branch to a new location in the Laurel Mall on March 19.

TUKWILA, Wash. – BECU will celebrate the grand opening of a new Neighborhood Financial Center in Shoreline tomorrow.

PENSACOLA, Fla. – Navy FCU, which last week announced it expects to add as many as 600 new jobs to its huge call center operations here, is expected to provide for a major expansion with the purchase of an undeveloped 240-acre parcel.

Meade and Associates, a collection agency based in Westerville, Ohio, next month will begin trying to collect an estimated $900,000 in unpaid lunch money from nearly 6,000 Columbus (Ohio) City Schools students.

The amount the Michigan company ends up paying will depend on whether its financial footing improves.

Two banks failed on Friday, with the Federal Deposit Insurance Corp. only finding a buyer for one of the fallen institutions.